Can I retire at age 55 with 10,100,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $10,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$834,049$826,619$819,371$812,296$805,388$775,887
2 years$412,895$405,206$397,753$390,527$383,518$354,124
3 years$272,529$264,806$257,372$250,214$243,320$214,958
4 years$202,360$194,661$187,301$180,265$173,538$146,424
5 years$160,269$152,616$145,353$138,461$131,921$106,126
6 years$132,218$124,623$117,467$110,728$104,384$79,928
7 years$112,190$104,658$97,616$91,036$84,892$61,767
8 years$97,175$89,711$82,786$76,368$70,426$48,612
9 years$85,503$78,110$71,303$65,048$59,309$38,776
10 years$76,171$68,850$62,164$56,072$50,534$31,247
11 years$68,540$61,293$54,728$48,800$43,461$25,378
12 years$62,186$55,013$48,570$42,804$37,663$20,738
13 years$56,814$49,716$43,394$37,789$32,843$17,030
14 years$52,213$45,190$38,990$33,545$28,790$14,040
15 years$48,229$41,282$35,202$29,917$25,349$11,612
16 years$44,747$37,876$31,916$26,787$22,403$9,629
17 years$41,677$34,882$29,042$24,068$19,864$8,001
18 years$38,952$32,233$26,512$21,690$17,662$6,661
19 years$36,516$29,873$24,270$19,599$15,743$5,552
20 years$34,327$27,759$22,274$17,750$14,062$4,634
21 years$32,348$25,857$20,488$16,110$12,584$3,872
22 years$30,552$24,136$18,883$14,647$11,280$3,237
23 years$28,915$22,574$17,435$13,340$10,125$2,708
24 years$27,416$21,151$16,124$12,167$9,101$2,267
25 years$26,039$19,849$14,934$11,111$8,189$1,899
26 years$24,771$18,655$13,851$10,159$7,377$1,591
27 years$23,598$17,556$12,862$9,299$6,651$1,334
28 years$22,511$16,543$11,957$8,520$6,001$1,118
29 years$21,500$15,607$11,127$7,813$5,419$938
30 years$20,559$14,739$10,364$7,170$4,896$787
31 years$19,680$13,933$9,662$6,586$4,427$660
32 years$18,858$13,183$9,015$6,052$4,004$554
33 years$18,088$12,485$8,417$5,566$3,624$465
34 years$17,364$11,833$7,865$5,121$3,281$390
35 years$16,683$11,223$7,353$4,714$2,972$327
36 years$16,041$10,653$6,878$4,341$2,692$275
37 years$15,436$10,117$6,438$4,000$2,440$231
38 years$14,863$9,615$6,029$3,687$2,212$194
39 years$14,322$9,143$5,649$3,400$2,006$162
40 years$13,808$8,699$5,294$3,136$1,820$136
41 years$13,321$8,281$4,964$2,893$1,651$114
42 years$12,859$7,886$4,657$2,670$1,498$96
43 years$12,419$7,514$4,370$2,465$1,360$81
44 years$12,000$7,162$4,102$2,276$1,234$68
45 years$11,601$6,830$3,851$2,102$1,120$57
46 years$11,221$6,515$3,617$1,941$1,017$48
47 years$10,858$6,218$3,398$1,794$924$40
48 years$10,511$5,936$3,194$1,657$839$34
49 years$10,179$5,668$3,002$1,532$762$28
50 years$9,861$5,415$2,822$1,416$692$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $10,100,000, adding $3,421 every year, while hoping to spend $40,620 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 47/32/21 Blend
54$10,100,000$10,100,000$10,100,000$10,100,000
55$11,133,729$10,598,429$10,441,879$11,590,288
56$12,226,150$11,074,532$10,748,462$12,385,757
57$13,428,636$11,572,604$11,063,955$13,244,335
58$14,752,372$12,093,676$11,388,612$14,175,425
59$16,209,680$12,638,833$11,722,697$15,185,832
60$17,814,140$13,209,208$12,066,480$16,283,028
61$19,580,713$13,805,990$12,420,238$17,475,222
62$21,525,887$14,430,425$12,784,257$18,771,433
63$23,667,829$15,083,817$13,158,831$20,181,572
64$26,026,558$15,767,534$13,544,262$21,716,534
65$28,624,132$16,483,008$13,940,860$23,388,290
66$31,484,859$17,231,741$14,348,944$25,210,006
67$34,635,523$18,015,305$14,768,843$27,196,151
68$38,105,640$18,835,349$15,200,893$29,362,642
69$41,927,734$19,693,600$15,645,442$31,726,977
70$46,137,645$20,591,868$16,102,845$34,308,405
71$50,774,864$21,532,049$16,573,470$37,128,097
72$55,882,912$22,516,131$17,057,693$40,209,342
73$61,509,745$23,546,197$17,555,902$43,577,763
74$67,708,208$24,624,430$18,068,493$47,261,550
75$74,536,535$25,753,117$18,595,878$51,291,720
76$82,058,897$26,934,655$19,138,475$55,702,407
77$90,346,009$28,171,558$19,696,719$60,531,175
78$99,475,795$29,466,457$20,271,052$65,819,363
79$109,534,125$30,822,113$20,861,931$71,612,473
80$120,615,627$32,241,418$21,469,827$77,960,589
81$132,824,577$33,727,403$22,095,222$84,918,843
82$146,275,883$35,283,245$22,738,611$92,547,924
83$161,096,173$36,912,274$23,400,505$100,914,647
84$177,424,988$38,617,980$24,081,427$110,092,571
85$195,416,097$40,404,021$24,781,915$120,162,684
86$215,238,953$42,274,232$25,502,523$131,214,160
87$237,080,288$44,232,632$26,243,819$143,345,188
88$261,145,878$46,283,432$27,006,389$156,663,889
89$287,662,486$48,431,049$27,790,831$171,289,323
90$316,880,000$50,680,110$28,597,764$187,352,607
91$349,073,792$53,035,467$29,427,821$204,998,134
92$384,547,319$55,502,206$30,281,654$224,384,924
93$423,634,989$58,085,657$31,159,932$245,688,116
94$466,705,312$60,791,408$32,063,344$269,100,600
95$514,164,384$63,625,317$32,992,596$294,834,831
96$566,459,717$66,593,525$33,948,415$323,124,813
97$624,084,468$69,702,467$34,931,546$354,228,292
98$687,582,088$72,958,892$35,942,757$388,429,177
99$757,551,456$76,369,873$36,982,835$426,040,198
100$834,652,535$79,942,826$38,052,589$467,405,838